| A | B |
|---|
| Federal Reserve System | supervise and regulate member banks and to help banks serve the public efficiently. |
| Commercial Bank | often called full-service banks because they offer a wide range of financial services. |
| Credit Union | user-owned, not-for-profit, cooperative financial institution. |
| Federal Deposit Insurance Corporation (FDIC) | federal agency that helps to regulate banks and other financial institutions. |
| safe-deposit box | used for storage of valuables. |
| service charge | a fee a bank charges for handling a checking account. |
| debit card | a cash card used for ATM transactions. |
| endorsement | written evidence that you received payment or that you transferred your right of receiving payment to someone else. |
| check register | a separate book, usually the same size as the checkbook, that allows you to maintain a record of the checks written. |
| stop payment order | a written notice that tells the bank not to pay a certain check. |
| bank statement | at regular intervals, usually monthly, the bank will send you a report on the status of your account. |
| bank reconciliation | document created to show how the two balances were brought into agreement. |
| outstanding checks | checks that have not been deducted from the bank statement balance. |
